Whether you are a financial institution, local or foreign bank, multinational company, professional services firm or government body, our Financial Services Litigation practice provides comprehensive dispute management and resolution services for the banking and financial services sector, whether by litigation or international commercial arbitration or assistance in regulatory investigations.

Our clients include major local and foreign financial institutions—including all three Singapore banking giants, DBS Bank, OCBC Bank and United Overseas Bank—as well other panel banks such as The Islamic Bank of Asia, Unicredit Bank AG, Royal Bank of Scotland NV, VTB Bank and Standard Chartered Bank. Our experienced team has also provided counsel to JP Morgan Chase, Bank Julius Baer, Pictet, Macquarie Bank and Citibank.

Banking and finance dispute resolution is not just about debt collection or security enforcement, rely on a team with deep experience covering collateral management agreements, multi-currency loans, share finance trading, trade finance facilities, all forms of securities, letters of credit, performance bonds, standby off-take agreements and bills of exchange. We handle a whole range of issues relating to fraud, forgery, Shari’ah financing, authority, agency, breach of mandate, accessory liability, insolvency clawbacks like undue preference, proprietary and priority issues in insolvency, judicial management and schemes of arrangements.

Our expertise services includes:

• Accessory liability
• Banker and customer disputes
• Debt recovery
• Enforcement of security
• Inter creditor disputes
• Letters of credit
• Performance bonds
• Proprietary and priority issues

We act quickly and decisively to protect your interests, obtaining preemptive remedies where appropriate. Rely on our team to handle your pressing litigious issues both in Singapore and abroad.

Insights

Impact of the COVID-19 moratorium laws on Islamic Finance

June 12, 2020

Singapore: Recently the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) published a statement to provide clarifications to Islamic financial institutions on pertinent issues arising out of government and regulatory interventions and moratoria in the wake of the COVID-19 pandemic. This article discusses some of the pertinent issues in practice. 

The Impact on Loan Facilities under the COVID-19 (Temporary Measures) Act (Singapore)

April 14, 2020

Singapore: The new COVID-19 (Temporary Measures) Act 2020 (the “Act”) was passed by Parliament on 7 April 2020. It seeks to provide temporary relief to companies who are unable to fulfil their loan repayment obligations if their inability to do so was due to the COVID-19 pandemic. This article will look at the impact the Act could have on loan facility agreements and what institutional lenders should be aware of.

Need for Speed: Get your Anti-Suit Injunction Fast!

March 18, 2019

Parties entering into arbitration agreements ordinarily abide by their contractually chosen dispute resolution mechanism and proceed accordingly. Sometimes, one encounters a counter-party who takes it upon himself to start proceedings in a foreign jurisdiction in breach of an arbitration clause. How does an innocent party restrain such conduct? The Court of Appeal (SGCA) in Sun Travels & Tours Pvt Ltd v Hilton Manage (Maldives) Pvt Ltd (Sun Travels) laid down firm guidance that a party who finds itself in this scenario should act as fast possible to restrain the counter-party by way of an anti-suit injunction (ASI).

View all insights for Financial Services Litigation in Singapore